,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #cha  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #bc1 #bjac    
,mr4 ,fattah introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on ,rules1 
& 9 addition to ! ,committee on !       
,budget1 = a p]iod to be subsequ5tly    
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to am5d ! ,congressional      
,budget ,act ( #aigd to require long-t]m
 co/ b5efit analyses ( introduc$ bills4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,re9ve/+ & ,ensur+ ,am]ica's ,ability 
to ,lead ,act ( #bjac4  #b4 ,f9d+s      
,congress f9ds ! foll[+3  7#a7 ,! b$rock
 ( ! ,nation's economic /r5g? & future  
gr[? w be directly attribut$ to ! robu/ 
,f$]al inve/m5t 9 critical areas su* z  
education1 sci5ce1 te*nology1 eng9e]+1 &
 ma!matics4  7#b7 ,recogniz+ !          
importance ( education & its role 9     
ma9ta9+ ,am]ica's position z an economic
 global lead]1 ,presid5t ,george ,h4,w4 

,bu% /at$ t ,u4,s4 /ud5ts mu/ be ! fir/ 
9 ! _w 9 ma? & sci5ce a*ievem5t4 ,e     
,am]ican adult mu/ be a skill$1 lit]ate 
work] & citiz544  7#c7 ,z ,presid5t     
,bill ,cl9ton recogniz$ :5 he creat$ !  
,national ,economic ,c\ncil 9 #aiib1 ,! 
curr5cy ( national /r5g? 9 ?is new era w
 be d5om9at$ n only 9 %ips & tanks &    
planes1 b 9 diplomas & pat5ts &         
pay*ecks44  7#d7 ,recogniz+ diplomas &  
pat5ts w n occur )\t inve/+ 9 education1
 ,presid5t ,george ,w4 ,bu% /at$ t we   
mu/ address ! l[ /&+ ( ,am]ican te/     
scores among/ indu/rializ$ nations 9 ma?
 & sci5ce1 ! v subjects mo/ likely to   
affect our future competitiv5ess44  7#e7
 ,simil>ly1 ,presid5t ,obama has /at$ t 
,am]ica's future economic gr[? &        
int]national competitiv5ess dep5d on our
 ,nation's will+ness to educate1 inve/1 
& innovate4  7#f7 ,z /at$ 9 a rec5t     
report f ! ,national ,economic ,c\ncil1 
! ,nation mu/ create ! jobs & indu/ries 
( ! future by do+ :at ,am]ica does      
be/--inve/+ 9 ! creativity & imag9ation 

( our p4 ,to w9 ! future1 we mu/        
out-innovate1 out-educate1 & out-build !
 re/ ( ! _w44  7#g7 ,accord+ly1         
,congress %\ld be provid$ ! means to    
evaluate legislative wor? beyond its    
impact to ! annual budget4  #c4 ,am5dm5t
 to ! ,congressional ,budget ,act (     
#aigd ,section #djb ( ! ,congressional  
,budget ,act ( #aigd 7#b ,u4,s4,c4 #fec7
 is am5d$ by ins]t+ 7a7 aft] ,sec4 #djb4
 & by add+ at ! end ! foll[+ new        
subsection3  7b7 7#a7 ,! ,director ( !  
,congressional ,budget ,(fice %all1 to !
 ext5t practicable1 prep>e a t5-ye>     
long-t]m co/ b5efit analysis = ea*      
introduc$ bill or resolution ( a public 
"* t det]m9es its impact on ,am]ican    
global competitiv5ess z def9$ by !      
,congressional ,budget ,(fice4  7#b7 ,! 
,director ( ! ,congressional ,budget    
,(fice %all devise crit]ia to evaluate  
,am]ican global competitiv5ess1 includ+ 
! bill or resolution's impact on--  7,a7
 job creation2  7,b7 economic gr[?2     
7,c7 consumption2  7,d7 inve/m5ts2 &    

7,e7 sav+s4  7#c7 ,! analysis ref]r$ to 
9 p>agraph 7#a7 %all evaluate :e!r !    
introduc$ bill or resolution w          
positively or negatively impact         
,am]ica's economic ability to compete   
globally comp>$ to memb] nations ( !    
,gr\p ( ,tw5ty1 or ,g-#bj1 :i* comprise 
( #ai c\ntry memb]s & ! ,european       
,union1 acc\nt+ #ij p]c5t ( global gross
 dome/ic product 7,,gdp7 & #hj p]c5t (  
global trade4  4